Crores usd to million usd

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc attended a ceremony to mark Vietnam’s import-export reaching the 500 billion USD level held in Hanoi on December 30. At the ceremony, the Government leader also set the target for the country’s export of 300 billion USD next year, asking ministries, authorities and localities to closely join hands together to make it the fifth consecutive year of Vietnam’s trade surplus. He noted that Vietnam’s economy has made vigorous changes in the context of the complicated world’s economic and political situation, and that the country has remained for long in the list of the 30 countries and territories with the highest import and export values. In the ASEAN, Vietnam ranks the third after Singapore and Thailand. It was reported that Vietnam has recorded a constant surplus in its trade following a long deficit. In the first 11 months of this year, the country’s trade surplus amounted to 10.94 billion USD. … [Read more...] about PM attends ceremony marking 500 billion USD in import-export

Nguyen Quoc Khanh, president of Ho Chi Minh City’s handicraft and wood processing business association, said the country’s wood sector, which has maintained a stable growth rate for the last two decades, is gearing up to become a leading player in Southeast Asia. … [Read more...] about Wood exports to hit 11.5 billion USD, exceeding target in 2019

Vietnam’s rice exports in October are expected to reach 430,000 tons worth USD 206 million, raising the ten-month volume and value to 5.05 million tons and USD 2.25 billion, up 22.3 percent and 21.1 percent, respectively. The average rice export prices of the nine months were USD 442.3 per tons, falling 1.6 percent from the same period of 2016. Strong export price increases were seen in coffee, cashew, and rubber. The country hopes to earn USD 1.77 billion from shipping abroad 1.05 million tons of rubber in the 10-month period, up 5.7 percent in volume and 40.6 percent in value year on year. … [Read more...] about Agro-forestry-fishery exports to hit nearly USD 30 bln in 10 months

Cashew nut export topped the list in the Jan-Feb period, with 54,000 tons shipped abroad, worth USD 555 million, up over 73 percent and nearly 95 percent, year on year. It was followed by vegetables and fruit, worth USD 672 million, up 59.5 percent. … [Read more...] about Agro-forestry-fishery exports exceed USD 6 bln in first two months

The amount included 403.15 million USD worth of newly registered capital invested in 164 new projects and 105 million USD worth of additional capital poured into 29 existing projects. Wholesale and retail led Vietnam’s investment abroad with newly registered and additional capital of 121.6 million USD, making up 23.9 percent of the country’s total investment. The agriculture, forestry and aquatic sector ranked second with 86.1 million USD, accounting for 16.9 percent of the total investment abroad. Vietnam has invested in 32 countries and territories. Australia is the largest investment destination of Vietnam with 154.6 million USD, occupying 30.4 percent of Vietnam’s total overseas investment. The US came second with 26 projects worth 93.4 million USD, making up 18.4 percent of the total investment. It was followed by Cambodia, Spain, Singapore and Canada./. … [Read more...] about Vietnam invests over 500 million USD abroad in 2019